dominican republic - Articles

Real Estate Agent Arrested for $20 Million Ponzi Scheme

A real estate agent from Petaluma, Calif., has been arrested in connection with an alleged Ponzi scheme that took over $20 million from investors. Aldo Baccala, 71, purportedly collected money from more than 75 investors by promising returns of at least 12 percent. Using his company, Baccala Realty, Inc., Baccala is... Continue Reading »

Former NYPD Officer Accused in $4.7 Million Real Estate Scam

A former police sergeant and a New York attorney are being charged with stealing $4.7 million from investors using an elaborate real estate scam. James Monahan, who worked for the New York Police Department from 1994 to 2005, and Edward Adams of Obermayer & Adams in Manhattan, claimed to be building a condominium... Continue Reading »

Punta Cana Attracts Real Estate Dollars With Celebrity Investors

Oscar de la Renta, Mikhail Baryshnikov and Julio Iglesias living on a Dominican Republic golf course: Sort of sounds like a punchline for a "what do you get when you have..." kind of joke. But it's actually a marketing dream team that's put Dominican Republic real estate on the purchasing map. These multimillionaires... Continue Reading »

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